Whiteface Lodge Owners Information Guide

Owner Information

Dear Future Owner Nestled in woodlands surrounding Lake Placid, New York, The Whiteface Lodge was conceived as a return to the Great Camp tradition. Like those classic retreats of yesteryear, the Lodge offers you easy escape from life in the city or suburbs. Thanks to an innovative ownership concept, it also delivers freedom from much of the financial burdens and all of the upkeep concerns of the traditional Adirondack second home.

By design, the rustic elegance of the Lodge exudes emotional warmth. Here, immersed in nature and convenient to Lake Placid’s recreational attractions, you will enjoy relaxing vacations, plentiful outdoor activities, and above all, endless opportunities to bring family and friends together for grand adventures. Season after season. Year after year.

We are confident Whiteface Lodge will reward you with the ultimate Adirondack lifestyle, deliver exceptional real estate value, and exceed your expectations.

On behalf of the Lodge sales team,

John Burke President/CEO Select Sotheby’s International Realty 888-582-0505 john.burke@selectsothebysrealty Joanne Di Marco Vice President Select Sotheby’s International Realty 888-582-0505 joanne.dimarco@selectsothebysrealty.com

R E P R E S E N T E D E X C L U S I V E LY B Y

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Ownership OVERVIEW Whiteface Lodge fractional ownership was designed specifically for anyone who wants an Adirondack second home but doesn’t need a full-time retreat. Based on the popular residence club concept, Lodge ownership allows you to purchase the residence of your choice in 1/12 fractions and share the cost with other co-owners. You may buy any number of available fractions of your selected residence.

If you intend to use your vacation home for a limited time each year, this arrangement offers countless benefits. Here are just a few: • Your 1/12 share entitles you to a minimum four weeks of Lodge stays per year, one week in each of Lake Placid’s glorious seasons.

• You own an authentic Adirondack vacation home—complete ete with Great Camp-style amenities—at a price commensurate te with your actual use.

• You never have to worry about the upkeep and maintenance ce of your home away from home, the Lodge handles it all.

• Your vacation weeks are distributed in advance according to an interval calendar (see page 10 for an example from the current rrent calendar). This system simplifies owners’ vacation planning and ensures every owner has equal access to peak holidays such as Christmas, New Year’s and the Fourth of July.

• You may exchange intervals with other owners through the Lodge’s “Owners‘ Forum.”

Such swaps add flexibility to your vacation options.

• You may rent your intervals by signing up for the Whiteface Lodge Rental Program or by utilizing a local Real Estate Broker.

• You have the option of joining The Registry Collection, www.theregistrycollection.com, which offers exchange privileges to an impressive array of vacation properties worldwide, including beach, golf, ski and urban destinations. Due to Whiteface Lodge’s high quality and prime location, your intervals merit an especially high exchange value.

• You can sell, will, transfer or place in a trust your Lodge ownership, just like any other deeded Real Estate. In this way, the Lodge—and the ultimate Adirondack lifestyle it delivers—can become part of your family’s legacy for generations to come.

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Residence Options Each residence seamlessly blends rustic elegance with contemporary luxury and amenities, including: • Handcrafted Adirondack-style furnishings and accents • Slate and carpeted floors • Cast-iron fire places (most) • Flat-screen televisions • Custom pillow-top, king-size beds with a selection of pillow types and fine linens • Fully-equipped kitchens with custom Alder cabinetry and granite counters • Private cedar and mahogany balconies or slate patios • Spacious bathrooms featuring showers, his-and-hers vanities, jetted tubs (in many), and radiant-heat flooring • Complimentary high-speed internet connectivity and telephones in each room • Housekeeping service twice daily at no additional charge • European-style washer/dryers

The above illustration depicts a representative 1-bedroom Lodge suite with outdoor deck. Lodge residences in any particular category (e.g., 1-bedroom) can vary in size and configuration. The Lodge encompasses 1, 2, 3 and 4 bedroom suites, offering you a wide array of living spaces and pricing. Select the residence that best suits your vacation style. For a current price list, please contact Select Sotheby’s International Realty at 888.582.0505.

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Superior Suite

Grand Lodge Suites

• • • • •

• • • • • • •

One-Bedroom Suite 600-700 Square Feet King Bed Queen Sleeper Sofa in Living Room Jacuzzi Tub/Shower

Deluxe Suite • • • • •

One-Bedroom Suite 725-975 Square Feet King Bed Queen Sleeper Sofa in Living Room Full Bath with Shower and Separate 2-Person Jacuzzi Tub • Many Have an Additional Half Bath

Two-Bedroom Suites • • • • • •

1,040-1,374 Square Feet King Bed Queen Bed (most) Queen Sleeper Sofa in Living Room Master Bath with 2-Person Jacuzzi Tub (most) Second Full Bath

1,920-2,246 Square Feet King Bed Two Queen Beds (most) Bunk Beds or Twin Beds (some) Queen Sleeper Sofa in Living Room Four Season Porches Master Bath with 2-Person Jacuzzi Tub (most) • Two Additional Full Baths

Presidential Suite • • • • • • • • • • •

Private Elevator Entry 2,902 Square Feet Bi-Level King Bed Two Queen Beds Two Twin Beds Queen Sleeper Sofa Four Season Porch Full Washer and Dryer Full Viking Range and Appliances Wood Burningg Fireplace p

Three Bedroom Suites • • • •

1,567-1,883 Square Feet King Bed Two Queen Beds (most)) Queen Sleeper Sofa in Living Room • Master Bath with 2-Person son Jacuzzi Tub (most) • Two Additional Full Baths (most)

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Owner Amenities & Services Whiteface Lodge offers an impressive array of onsite amenities and easy access to local recreational facilities. Whether you yearn for a restful weekend or the exhilarating activities that have made Lake Placid a favorite Adirondack destination, the Lodge serves as your luxurious base camp. Activities and amenities include: • The Spa at Whiteface Lodge • The Canoe Club (the Lodge’s private beachfront club on Lake Placid) • Extensive health and fitness center • Year-round, heated indoor-outdoor swimming pool • 3 Hot Tubs • Ice skating rink (seasonal) • 56-seat, surround-sound movie theater • Family game room with pool, shuffleboard, air hockey, and foosball • Nightly “Experience the Lodge” family bonfire with s’mores from 7pm – 10pm • Cigar & Cognac furnished lean-tos • 10-pin bowling alley • Platform tennis • Snowshoe and cross-country ski trails nearby • Hiking and mountain biking trails nearby • Catch and release fishing pond • Kamp Kanu (daytime activities for children) • Sunset Club (evening activities for children) • Live music (in Kanu Lounge)

Food & Wine Whiteface Lodge features an array of dining venues, from elegant to very casual. Our premier restaurant, KANU, serves delectable entrees and boasts an award-winning wine menu. In summer, enjoy superb food, views and weather on the KANU Terrace. For more casual dining there is Kanu Lounge, where cushy seats, glowing fireplaces, and live music create a convivial atmosphere for sharing fine food and cocktails. For those who like to have a meal while they play, the Lodge offers poolside dining, the Canoe Club Grill at our private beach, and our Old Fashion Ice Cream Parlor. You also can order room service 24 hours a day.

Lake Placid SPA Ranked among the Top 100 Spas in North America (Condé Nast Traveler), our Lake Placid Spa at Whiteface Lodge is a 5,800-square-foot hideaway with a serene ambiance and a full menu of pampering services. From the Maple Butter Massages to the signature Whiteface Peak Facial, the spa’s luxurious treatments are inspired by the Adirondack lifestyle and the healing benefits of indigenous ingredients.

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Canoe Club Owned by Whiteface Lodge, this exclusive private beach is the ideal setting for a summer family outing. The Canoe Club is well-stocked with complimentary equipment for beach and water activities: canoeing, kayaking, volleyball, badminton, croquet, bocce ball, horseshoes, Frisbee and ping pong. Beachside food service is available.

The Canoe Club also features a signature collection of boats, including: a deluxe Pontoon boat for cruising; a Ski Nautique, which comes equipped for tubing, waterskiing and wakeboarding; and our classic Hackercraft, featuring punched-leather martini seats for touring Lake Placid in grand style and comfort.

The Canoe Club is open from Memorial Day until Labor Day each summer. Complimentary shuttle service between the Lodge and Canoe Club is available during hours of operation. For more information or to book a boat ride, contact the Lodge concierge at 518.523.0503.

Kamp Kanu Kamp Kanu is a day camp for kids in age categories 3-6, 7-10 and 11-14. While making new friends and playing outdoors, each participant is led by highly qualified and trained counselors through crafts, activities, experiments, games and more. Kamp Kanu operates daily June 26 through September 5. After summer, the programs runs weekends and holidays throughout the year.

Sunset Club The Lodge also offers an evening program for children called the Sunset Club. Designed to give parents time to enjoy fine dining and entertainment, the program treats kids to pizza and hours of games and activities. This service requires advance reservations through the Lodge concierge service.

Concierge Con Service Our knowledgeable concierges can make arrangements for your family to enjoy hiking, arra canoeing, kayaking, spin fishing, fly fishing, can rock climbing, snow shoeing, ice fishing, ro dog sledding, backcountry skiing and more. do To contact the concierge desk, T call 518.523.0503.

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Resort Entertainment The Whiteface Lodge hosts a wide variety of unique and entertaining events, including: • Nightly Star Gazing • Birds of Prey Exhibits • Live Music in our Lounge • Wine & Food Education • Wine Tastings & Pairings • Story Telling • Ice Skating Exhibits • Kamp Kanu for the kids • 3 Daily Movies in our Movie Theater

Lake Placid Events While Whiteface Lodge is a destination all its own, just off the resort’s doorstep is a four-season village bursting with a spectacular diversity of year-round activities. Having hosted the 1932 and 1980 Winter Olympics, Lake Placid is home to an impressive array of recreational facilities.

In winter, you can enjoy downhill skiing, cross-country skiing, bobsledding, ice fishing, tobogganing and much more. The town is equally dynamic in summer, with events ranging from the Iron Man Triathlon to famous horse shows. For a calendar of Lake Placid events, please contact our concierge service at 518.523.0503.

Frequently Asked Questions What makes Whiteface Lodge unique?

This is a spectacular private residence club, located in the Olympic Village of Lake Placid, New York. Built as a lavish revival of the Great Camps of the Adirondacks, it offers owners an unparalleled wilderness experience with a world-class resort and spa.

How is Whiteface Lodge ownership different from timesharing?

Whiteface Lodge is a luxury private residence club where ownership is sold in deeded 1/12 fractions. It addresses the select time today’s individuals and families can devote to extraordinary getaways, as well as the need to leave the urban environment far behind.

What advantages does this form of fractional ownership provide?

It allows owners to purchase just as much residence, in 1/12 shares, as they are likely to use each year. If you decide your family will vacation at the Lodge more than four weeks per year, you may purchase more shares. Whiteface lodge issues owners a 5-year interval calendar, which outlines the schedule their particular suite and interval will be available to them. This allows owners to plan their Lodge getaways well in advance.

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When I purchase at Whiteface Lodge, will I own deeded real estate?

Yes, and you can sell, will, transfer or place in trust your ownership, just like any other form of deeded real estate.

Can more than one family or individual share a single ownership?

Yes. A group of buyers can form a legal entity, such as a limited liability corporation, and that legal entity can serve as the purchaser and deed owner.

As an owner, how often and how long can I enjoy my Whiteface Lodge retreat?

Each interval comprises at least four weeks, which are distributed in advance, one per season, according to the official interval calendar.

Are short-notice stays possible at Whiteface Lodge?

Owners can book short-notice stays with hotel reservations. In addition, they have an option to join the space available program and leverage this opportunity for owner swaps based on availability.

Can I exchange vacations with other Lodge owners?

Yes, the private residence club provides an owners forum, which you can use to post wants and needs for interval swaps with other owners.

As an owner, will I always stay in the same residence?

Yes, your deed is for pre-set intervals in a specific suite number.

May I have guests while in residence?

Yes, you can have guests visit as you would your own personal vacation home.

What charges do owners incur when in residence at Whiteface Lodge?

Other than the monthly HOA fee and real estate taxes, the only additional charges you would incur are based on participation / usage of food and beverage and spa services.

May I rent out any of my Whiteface Lodge vacations?

Yes, you can either sign up for the Whiteface Lodge’s rental program or utilize a local real estate broker to rent your allotted intervals.

If I purchase, how soon can I begin enjoying my Adirondack retreat?

Following the closing of your residence, you are free to use the resort upon your first scheduled interval according to the preset interval calendar.

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May I enjoy the Lodge amenities when I am not in residence?

Yes, you may use any of the public amenities such as restaurants and spa when not in residence.

Who controls the Lodge’s policies?

Whiteface Lodge has a Homeowners’ Association (HOA), which governs Lodge policies.

A current set of HOA rules and regulations is available upon request.

What happens after Lodge ownerships have sold out?

Once the Lodge sold out, the only ownerships available for purchase will be resales.

Is Whiteface Lodge a part of a resort point-trading program?

Yes, the Whiteface Lodge is a part of RCI’s Select Registry program, and enjoys a high point value in comparison to other member properties. Owners can elect to participate in this program for an annual fee and deposit unwanted weeks into the program for redemption of points to use at other Select Registry resorts around the world.

Can I leave personal items in the unit between visits.

There are a limited number of lockers available on the property for purchase. As a locker owner, you may store personal items and instruct the resort staff to deliver them to your suite prior to arrival.

Reservation Policy The Reservation Policy has been designed to provide owners a minimum of four weeks of Lodge stays every year, one week per season. Your vacation weeks, assigned in advance according to your selected interval, will be posted on the Lodge’s Interval Calendar (see example below).

Each year, the Calendar rotates your designated stays. This rotation system ensures that over time you will enjoy access to the prime holidays, such as The Fourth of July and Christmas.

Alternative Vacation Dates There are two ways to change the dates of your Lodge vacations: • Sign up with the Lodge’s Rental Program. This program allows you to rent out your assigned stays, as well as to “bank” one of your weeks with the Lodge in return for a six-day stay starting at another date of your choosing (subject to availability). There is no limit to the number of stays you can offer for rental or for exchange.

• Owners’ Forum Exchange. An online Owners’ Forum enables you to exchange assigned weeks with other owners. This system adds considerable flexibility to your vacation options.

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Example from Current Interval Calendar (Shown for Years 2012, 2013 and 2014 of an Interval 1 Ownership. There are 12 intervals per Lodge residence. You may select your preferred interval at the time of purchase, subject to availability.)

2012 Interval

# of Weeks

Check In

Check Out

1 1 1 1 1

1 2 3 4 5

1/20/12 4/13/12 7/6/12 9/28/12 12/21/12

1/27/12 4/20/12 7/13/12 10/5/12 12/28/12

Interval

# of Weeks

Check In

Check Out

1 1 1 1

1 2 3 4

3/15/13 6/7/13 8/30/13 11/22/13

3/22/13 6/14/13 9/6/13 11/29/13

Interval

# of Weeks

Check In

Check Out

1 1 1 1

1 2 3 4

2/14/14 5/9/14 8/1/14 10/24/14

2/21/14 5/16/14 8/8/14 10/31/14

2013

2014

For a copy of the Lodge’s official Interval Calendar, showing all the intervals and associated reservation dates through 2018, contact Select Sotheby’s International Realty at 888-582-0505

“We found it easy to trade weeks so that our family could host my daughter’s bachelorette party at the Lodge. My family loves escaping to our Lake Placid retreat.”

Jann S. Watertown, NY Whiteface Lodge Owner

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7 Whiteface Inn Lane Lake Placid, New York 12946 toll free: 888.582.0505 www.MyWhitefaceLodge.com